Hurghada Hotel Rooms

Hurghada

Egypt

OUR RATING

a turnkey investment with 10 year rental of 6-8% guaranteed

Rental Income:

Capital Investment:

Overall Rating:

Hurghada Hotel Rooms Brochure Hurghada Hotel Rooms Information Hurghada Hotel Rooms Reserve

Pool:

Parking:

Completion:

Large Communal Pool

tbc

November 2008

Hotel rooms 32.6 sq.m £32437 (£ approx.)

 

Hurghada Hotel Rooms

KEY FEATURES

ESTABLISHED BEACHFRONT NEWLY REFURBISHED HOTEL.

10 YEAR 6-8% NET RENTAL GUARANTEE.

NO MAINTENANCE OR MANAGEMENT CHARGES.

FULL FURNITURE PACK INCLUDED IN PRICE.

COMPLETION NOVEMBER 08.

Set in central Hurghada, this established hotel enjoys an excellent location with its own private beach.  This hotel has been closed since March and has undergone an extensive renovation project.  Investors are now able to take advantage of a truly turnkey investment.

The project will be fully managed and offers an excellent opportunity. These hotel rooms all come with a 10 year rental guarantee, the first 5 years of which attracts a guaranteed rental of 6%.  There is a break clause in the rental guarantee after five years and for the remainder of the term the guarantee will increase to 8% of the purchase price.

The hotel is due to reopen in November 2008 and so you can start to see your room earn income from November.  The rooms come fully furnished and this turnkey investment attracts no maintenance or management fees.  This price also includes furniture and therefore will also cover wear & tear on the furnishings during the rental programme.

The property is offered freehold and solicitors,with offices in the UK and Egypt, have been sourced, the estimated legal costs will be approximately £1000.

Located on the shores of the Red Sea, the hotel is conveniently situated close to the heart of Hurghada, but still enjoys a peaceful and relaxing setting.  Outside the hotel there is a large palm-fringed promenade with a variety of shops, restaurants, supermarkets, cafes etc.  It is possible to reach the heart of Hurghada in 5 minutes by taxi and the newly built Marina in just 10 minutes.  Situated opposite the hotel is a bay with mooring facilities for many yachts.

This hotel aims to provide guests and owners with all of the facilities and services to enjoy on their holiday.  The hotel has its own private beach, an excellent location to relax on the shores of the beautiful Red Sea or take a swim and enjoy its warm waters, rich with stunning sea life.  One of the three restaurants offered within this hotel is the Sea View Restaurant where guests can enjoy lunch whilst admiring the luxury yachts as they pass by.

Hurghada and the Red Sea is renowned for its excellent diving opportunities.  The hotel has a professional dive school where instruction is available from guide divers at any level from beginners to dive masters.  The hotel is the doorway to a magic underwater world of technicolour fish and corals favoured by divers internationally.  With its excellent marine environment, close to shore ship wrecks and the exotic vertical wall dives, this makes it one of the most famous dive resorts in the world.  The hotel’s Dive Centre guides you in discovering the magnificent underwater world of the Red Sea, offering daily dive and snorkeling trips.  This centre is well specialised in wall, wreck, night, deep, TEC and shark diving.

As mentioned, this hotel offers three restaurants and these offer a variety of different cuisines.  There is also the facility of a “Kids Club” which offers a great range of activities for children, providing both supervision and fun while guests and owners relax.

The Hotels excellent situation at the edge of the Red Sea affords most of the rooms sea views.  This gives the owners and guests the pleasure of enjoying the fine sea breeze when sitting on the balcony or terrace.

The hotel rooms are spacious, luxurious, well-furnished and equipped with air-conditioning heating, telephone, satellite TV, mini bar, in addition to en-suite bathrooms with shower or bathtub.  Room service is available 24 hours a day.

Hurghada Hotel Rooms Brochure     Hurghada Hotel Rooms Information     Hurghada Hotel Rooms Reserve

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